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July 10, 2014

Top 12 Countries With Most Millionaires: 2014

Wonder where the wealthy live? Capgemini and RBC Wealth Management list the nations with the most HNWIs

Capgemini and RBC World Wealth report shows concentration of just where the wealthiest among us lives.

The ranks of high-net-worth individuals continued to grow in the U.S. and around the world last year after a pause in 2011 caused by the Great Recession, according to the latest World Wealth Report 2014.

The concentration of just where the wealthiest among us lives is borne out in a new report: The U.S. and Japan account for nearly half (46.1%) of the world’s superwealthy, according to a report from Capgemini and RBC Wealth Management.

Overall, the World Wealth Report 2014 found that the number of high-net-worth individuals grew by 14% in 2013, compared with 9.2% the year before. That’s a big change from 2011, when the size of the exclusive club remained flat from the previous year.

The report, which defined high-net-worth individuals as those having investable assets of at least $1 million, not counting primary residence, collectible, consumables and consumer durables, looked at data from 71 countries.